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Court Asked to Assign HOS Case to Same Panel
Attorneys representing Public Citizen filed a motion asking that its challenge to current hours-of-service rules for truck drivers be judged by the same panel that overturned the prior regulation.
April 19, 2006Celadon’s Fiscal Third-Quarter Earnings Rise
Truckload carrier Celadon Group said late Wednesday it earned $4.7 million or 30 cents a share in its fiscal third quarter ended March 31, up from $2.7 million or 18 cents a year earlier.
April 19, 2006Swift Reports Higher First-Quarter Income
Truckload carrier Swift Transportation Co. reported late Wednesday it earned $37.5 million or 50 cents a share in the first quarter, up from $19.4 million or 26 cents a year earlier.
April 19, 2006Vancouver Truckers Stage Protest; Possible Strike Looms
Truckers at the Port of Vancouver, British Columbia, staged a protest Tuesday, calling on the Canadian federal government to extend a temporary agreement that got truckers back to work after a strike there last year, the Canadian Press reported Wednesday.
April 19, 2006Oil Tops $72 a Barrel on Lower Inventory Report
Crude oil reached a record $72.40 a barrel Wednesday before falling to close the trading day at $71.90, the third record closing price in the past three days, Bloomberg reported.
April 19, 2006CSX’s First-Quarter Income Gains, Excluding Charges
Eastern freight rail line CSX Corp. Wednesday reported first-quarter net income of $245 million or $1.06 a share, down from last year’s $579 million or $2.56 a share, although excluding outstanding charges the earnings improved.
April 19, 2006CNF Shareholders Approve Name Change to Con-way
Shareholders of CNF Inc. have approved a corporate name change to Con-way Inc., the company said Tuesday.
April 18, 2006Diesel Continues to Soar, Jumping 11.1 Cents to $2.765
The average price of a gallon of diesel fuel continued to soar, jumping 11.1 cents to $2.765 a gallon, the Energy Department said Monday.
April 18, 2006Werner’s First-Quarter Profit Improves
Truckload carrier Werner Enterprises said late Monday its first-quarter net income improved 11% to $22 million or 27 cents a share, from $19.9 million or 25 cents a year earlier.
April 18, 2006Railroads, Customers at Odds Over Soaring Fuel Surcharges
Railroads are at odds with some customers over fuel surcharges that have been rising faster than diesel price increases, the Wall Street Journal reported Tuesday.
April 18, 2006